Direct Payment programs encourage loyalty to financial institutions and offer numerous benefits to both individual and business customers. Your business clients will immediately see improved business efficiencies and cost savings, while for individual customers, Direct Payment provides a convenient alternative to paper checks. Additional benefits for all your customers include:

Direct Payment is simple.

• Your individual customers never have to worry about missing or forgetting payments, virtually eliminating late fees, which can easily amount to $30 per payment.
• For the business customer, Direct Payment eliminates many of the manual processes involved in handling check payments, which improves the accuracy, efficiency, and productivity of their day-to-day business operations.

Direct Payment is safe.

• Assure your individual customers that their personal account information is protected - in fact, paper checks pass through many more hands, so an individual's financial privacy actually increases with Direct Payment.
• Payment collection for the business client is automated; your clients always know when they will be receiving payments. Furthermore, due to the speed of processing payments, returns and posting errors are reduced.

Direct Payment is smart.

• Direct Payment saves time for all your customers - individuals can spend the equivalent of three days per year writing paper checks to pay bills, while your business clients save considerable time and costs in payment processing.
• Direct Payment improves customer loyalty with their financial institutions: individuals who are happy with their account management using electronic payments tend to change banks less frequently.
• Business clients will appreciate the improvements in reliability and accuracy of their payments.